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Zug, 05 February 2025
EEII AG has cancelled the intended investment in (GAB) Grupo Alves Bandeira
The contract negotiations with GAB had to be cancelled as the shareholders of GAB did not approve the takeover offer of EEII AG. EEII AG has ruled out further negotiations as an increase in the offer would not be in the interests of the shareholders.
EEII's strategy to position itself as a leading player in the European energy infrastructure sector remains unchanged. EEII AG is currently evaluating further opportunities and will inform shareholders accordingly if negotiations are successful.
For further information please contact:
Marc Comina, Spokesman of EEII AG, marc@clpr.ch, +41 79 128 3495).
EEII is listed on the Swiss Exchange (SIX) (Bloomberg: EEII SW Equity).